Real Estate in Lake havasu city, AZ
Updated 2026 • Housing market data from 4 zip codes • Redfin data through January 2026
📊 Lake havasu city, AZ Market Activity
The Lake havasu city housing market shows a median sale price of $492,500, -4.0% lower than last year. The price per square foot is $301, 301% above the national median of ~$215/sqft, down -3.0% year-over-year. Homes in Lake havasu city spend a median of 52 days on market, longer than the national median of 42 days — giving buyers more negotiation room.
🏘️ Lake havasu city Rental Market
The average rent in Lake havasu city, AZ is $2,212 per month. A 2-bedroom apartment rents for approximately $1,623/month, while a 3-bedroom home averages $2,292/month.
📦 Lake havasu city Housing Supply & Demand
There are 484 new listings and 590 active properties on the market.
🏆 Lake havasu city Market Competitiveness
Homes in Lake havasu city sell for an average of 97.0% of their asking price. About 9% of properties sell above list price, indicating relatively low bidding pressure.
On average, homes sell for 97.0% of the asking price
9% of sales closed above asking, % at or below
📋 Housing Overview
Lake havasu city, AZ Housing Market Insights
Delve into the specifics of the real estate market in this area. Understanding key metrics such as the median home price of 495000, the balance between renting (26%) and owning (74%), and a population of 58926 provides valuable insights for potential buyers, sellers, and investors. It is important to note that neighborhood characteristics can vary drastically, and decisions should not solely rely on data available without visiting. Many factors can differ, so do consider inspecting areas in-person to avoid potential mismatches in choice.
Rent vs. Buy Analysis
With a median home price of $495,000 and average rents of $2,212/month, the median household income of $64,027 provides context for affordability in Lake havasu city. Whether you're looking to buy property in Lake havasu city or invest in Lake havasu city real estate, understanding the price-to-rent ratio helps determine if renting or owning makes more financial sense for your situation. A 2-bedroom apartment rents for approximately $1,623/month, while a 3-bedroom house averages $2,292/month.
Economy & What Drives Lake havasu city Real Estate
Real estate values in Lake havasu city, AZ are driven by local employment, school quality, and quality of life. The cost of living index of 75.8 (U.S. average = 100) reflects the overall affordability of the area. With a median household income of $64,027, residents have moderate purchasing power. Proximity to major employers, universities, and transportation corridors directly influences home values and demand across Lake havasu city neighborhoods.
Pros & Cons
Pros
- •Friendly community vibe
- •Sunny weather year-round
- •Vibrant festival scene
- •Strong tourism income
- •Active outdoor lifestyle
- •Close to national parks
- •Beautiful lake views
- •Great for water sports
- •Affordable housing options
- •Good retirement destination
Cons
- •Few public schools available
- •High summer temperatures
- •Limited nightlife options
- •Less diverse demographics
- •Roads can be crowded
- •Public transport is lacking
- •Rising cost of living concerns
- •Limited kids' activities
- •Potential for seasonal tourism issues
- •Low job market competitiveness
Frequently Asked Questions
What is the cost of living in Lake havasu city, AZ? ▼
The cost of living in Lake havasu city, AZ is 24% lower than the national average, with a cost of living index of 76 (where 100 represents the U.S. average). Housing typically accounts for the largest portion of living expenses. See full cost of living breakdown →
How much does it cost to buy or rent a home in Lake havasu city, AZ? ▼
In Lake havasu city, AZ, The median home price is $495,000. requiring approximately $148,929 annual income to afford. Average rent is $2,212/month (requiring ~$88,472/year income). The local median household income is $64,027, making homeownership challenging for typical residents. Explore Lake havasu city real estate data →
Is Lake havasu city, AZ a safe place to live? ▼
Lake havasu city, AZ is relatively safe, with crime rates below the national average. The crime rate is 12.9 per 1,000 residents. Safety varies significantly by neighborhood. View detailed Lake havasu city crime statistics →
What salary do you need to live comfortably in Lake havasu city, AZ? ▼
To live comfortably in Lake havasu city, AZ and afford a median-priced home of $495,000, you would typically need a household income of $123,750 to $154,688 per year. The local median household income is $64,027. Renting requires approximately $88,472/year (at $2,212/month). See full affordability analysis →
Is Lake havasu city, AZ growing? ▼
Lake havasu city, AZ has a population of 58,926. As a mid-to-large city, population trends depend on local housing development, job growth, and quality of life factors. The affordable housing market and competitive job market attract new residents. See Lake havasu city population demographics →
What are the best neighborhoods in Lake havasu city, AZ? ▼
The best neighborhoods in Lake havasu city, AZ depend on your priorities. For families, look for areas near top-rated schools with lower crime rates. For affordability, neighborhoods farther from the city center tend to offer more affordable options. Explore Lake havasu city on our interactive map →
What is the commute like in Lake havasu city, AZ? ▼
Commute times in Lake havasu city, AZ vary by neighborhood and workplace location. As a mid-size community, most residents rely on personal vehicles, though public transit options may be available. The affordable cost of living may allow for housing closer to employment centers. Explore commute times on our map →
How are the taxes in Lake havasu city, AZ? ▼
Tax rates in Lake havasu city, AZ include state and local components. The cost of living index of 76 suggests a lower overall tax and expense burden cost environment compared to the national average. View detailed Lake havasu city tax information →
How does Lake havasu city, AZ compare to nearby cities? ▼
Lake havasu city, AZ offers a more affordable alternative to nearby communities. With a cost of living index of 76, median home prices of $495,000, and a crime rate of 12.88 per 1,000 residents, you can compare these metrics side-by-side. Use the compare feature to evaluate specific cities.
What is the weather like in Lake havasu city, AZ? ▼
Weather in Lake havasu city, AZ varies by season. Climate data varies by season. View detailed Lake havasu city climate & environment data →
Is it better to rent or buy in Lake havasu city, AZ? ▼
With a median home price of $495,000 and average rents of $2,212/month, the price-to-rent ratio in Lake havasu city is 18.7x. This suggests buying is reasonable for those planning to stay 5+ years. See full cost analysis →
What is the price per square foot in Lake havasu city, AZ? ▼
The median price per square foot in Lake havasu city is $301, which is 40% above the national median of ~$215/sqft. This reflects the area's demand, construction costs, and proximity to employment centers.
How fast do homes sell in Lake havasu city, AZ? ▼
Homes in Lake havasu city spend a median of 52 days on market before going under contract. This indicates homes take longer than the national median of 42 days, giving buyers more negotiating room. View full market data →
Explore More About Lake havasu city, AZ
📅 Last Updated: January 2026
Sources: U.S. Census Bureau, Zillow, Redfin